The Latest
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Westlake Corp. CFO announces departure amid weak earnings, board restructure
The chemicals manufacturer appointed its CEO and president, as well as Chevron alum Bhavesh Patel, to its board, while announcing its CFO’s coming retirement.
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Finance can rise as a strategic powerhouse in the age of AI
AI can propel finance to the forefront, driving strategic impact for the function, the enterprise, and the market.
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FedEx sues US for refunds on Trump tariffs
The carrier's lawsuit comes after a Supreme Court decision invalidated duties imposed under the International Emergency Economic Powers Act.
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CPI Card Group CFO exits
The card company’s chief financial officer headed for the exit this month ahead of an earnings report next week.
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Advanced ERPs could cut financial close times by 30%, Gartner says
Before reaping such benefits, CFOs will first need to successfully navigate ERP vendor hype, Gartner’s Mike Helsel said.
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Few 10-Ks tie AI to tangible revenue gains, study finds
For most top U.S. companies, the technology remains an “operational tool,” not a primary revenue driver, according to the report.
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FinOps teams gain clout as AI costs climb
Cost management efforts have spread beyond cloud as enterprises work to get AI spending under control, according to the FinOps Foundation.
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Deficit reduction looms as top U.S. policy imperative: NABE survey
The impact on the U.S. fiscal outlook from a Supreme Court ruling against Trump administration tariffs has flared into a public debate between administration officials and policy analysts.
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Branch CFO leans on automation for growth roadmap
Bringing automation into Branch’s finance team is a key part of CFO Matt Peterson’s plan to help it reach its next phase of growth, he said.
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‘A deal is a deal’: EU halts US pact over Trump’s new global tariff
The bloc said it needed “full clarity” on the United States’ tariff plans after a Supreme Court ruling last week struck down many levies.
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Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump's claim that a 1977 law gave him the authority to impose broad tariffs globally.
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There’s ‘no ambiguity’ in Carvana accounting practices, CFO says
Carvana’s CFO noted recent short seller reports alleging improper disclosure are “100% inaccurate,” defending the latest scrutiny of the car marketplace’s accounting practices.
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LinkedIn CFO jumps to Atlassian
After serving nearly five years as LinkedIn’s CFO, James Chuong will take the project manager software provider’s finance reins next month.
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GDP growth falls short of forecast, slowed by federal shutdown
Declining exports also weighed on the economy last quarter as severe shifts in U.S. trade policy disrupted commercial relations with the nation’s largest trading partners.
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Booking slashes customer service costs with AI, CFO says
The company’s customer service costs are down by about 10%, despite an uptick in bookings, CFO Ewout Steenbergen said.
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Economic data point to soft start to 2026, Conference Board says
The U.S. economy, while continuing a nearly six-year-old expansion, has spun off mixed signals in recent months.
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Home Depot alum takes YETI CFO seat
Retail veteran Scott Bomar will join the Austin, Texas-based drinkware maker as it looks to accelerate continued international sales momentum.
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4 tips for CFOs leading ERP transitions
It’s important for CFOs to take a collaborative approach to implementing ERPs to best safeguard the system against cyberattacks and outages, experts said.
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Fed officials voiced concern inflation persists above 2% target
Several central bankers at a policy meeting last month warned against giving any hint of a weaker commitment to pushing down price pressures.
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Generative AI reduces M&A costs by 20%, McKinsey says
Dealmakers using the technology have also shortened their transaction timelines, the firm’s research found.
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CFO-to-CEO pipeline will likely taper on economic upswing: Boyden
An economic upswing could narrow the CFO-to-CEO pipeline as the skills needed in the top executive seat change, Boyden’s Craig Stevens said.
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Gemini CFO, COO, CLO exit just months after IPO
The trio of executives are leaving about five months after the Winklevoss twins took the crypto exchange company public and within weeks of layoffs.
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Kyndryl discloses ‘material weaknesses’ in delayed 10-Q
The company offered a remediation plan to address its material shortcomings, related to its internal controls for financial reporting, that will be led by the interim CFO and controller.
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Workers say they only get between 2 and 3 hours of daily focus time
Report data from Hubstaff found that the average person is in twice as many meetings per year compared to two years ago.
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Wisconsin passes CPA pathways bill as licensing reforms sweep states
So far about 45 states have passed or introduced new CPA licensing laws or rules, in a bid to lower barriers and tackle the accounting shortage.
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Inflation slows to 2.4% amid persistent worry about affordability
Traders in interest rate futures, responding to cooler-than-forecast inflation, expect a faster pace of monetary policy easing than they did on Thursday.